Gallacher Capital Management LLC Takes $897,000 Position in Build-A-Bear Workshop, Inc. $BBW

Gallacher Capital Management LLC purchased a new position in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,753 shares of the specialty retailer’s stock, valued at approximately $897,000. Gallacher Capital Management LLC owned 0.10% of Build-A-Bear Workshop as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans raised its position in shares of Build-A-Bear Workshop by 5,113.6% in the second quarter. Thrivent Financial for Lutherans now owns 752,320 shares of the specialty retailer’s stock valued at $38,789,000 after purchasing an additional 737,890 shares during the period. CSM Advisors LLC acquired a new position in Build-A-Bear Workshop in the 2nd quarter valued at approximately $6,233,000. Balyasny Asset Management L.P. bought a new stake in shares of Build-A-Bear Workshop in the 2nd quarter worth approximately $4,908,000. LSV Asset Management lifted its position in shares of Build-A-Bear Workshop by 97.2% in the 2nd quarter. LSV Asset Management now owns 161,100 shares of the specialty retailer’s stock worth $8,306,000 after acquiring an additional 79,413 shares during the period. Finally, Qube Research & Technologies Ltd grew its holdings in shares of Build-A-Bear Workshop by 35.8% during the 2nd quarter. Qube Research & Technologies Ltd now owns 230,777 shares of the specialty retailer’s stock worth $11,899,000 after purchasing an additional 60,784 shares in the last quarter. 79.30% of the stock is owned by hedge funds and other institutional investors.

Build-A-Bear Workshop Stock Down 1.7%

Build-A-Bear Workshop stock opened at $59.38 on Thursday. The stock has a market capitalization of $768.97 million, a price-to-earnings ratio of 13.65 and a beta of 1.07. Build-A-Bear Workshop, Inc. has a 12-month low of $32.55 and a 12-month high of $75.85. The stock has a 50-day simple moving average of $59.61 and a 200 day simple moving average of $58.47.

Build-A-Bear Workshop (NYSE:BBW) last announced its earnings results on Thursday, December 4th. The specialty retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.07. Build-A-Bear Workshop had a net margin of 10.93% and a return on equity of 38.43%. The company had revenue of $122.68 million for the quarter, compared to analyst estimates of $124.28 million. During the same period in the prior year, the business earned $0.73 earnings per share. As a group, sell-side analysts anticipate that Build-A-Bear Workshop, Inc. will post 3.71 EPS for the current year.

Build-A-Bear Workshop Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Wednesday, November 26th were given a dividend of $0.22 per share. The ex-dividend date was Wednesday, November 26th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.5%. Build-A-Bear Workshop’s payout ratio is presently 20.23%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on BBW. Wall Street Zen lowered Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. Weiss Ratings restated a “buy (b)” rating on shares of Build-A-Bear Workshop in a research note on Tuesday, December 23rd. Zacks Research downgraded shares of Build-A-Bear Workshop from a “hold” rating to a “strong sell” rating in a report on Monday. DA Davidson decreased their target price on shares of Build-A-Bear Workshop from $85.00 to $70.00 and set a “buy” rating on the stock in a research report on Friday, December 5th. Finally, CJS Securities started coverage on shares of Build-A-Bear Workshop in a research note on Wednesday, December 10th. They issued a “market outperform” rating and a $70.00 target price on the stock. Five investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $64.75.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates a specialty retail business focused on interactive “workshop” experiences that allow customers to create customized stuffed animals. Through its in-store and online platforms, the company offers a wide range of plush toys, apparel, accessories and sound modules, enabling guests to personalize each creation. In addition to its core bear products, Build-A-Bear has expanded its portfolio to include licensed characters from leading entertainment and media franchises.

Founded in 1997 by Maxine Clark and headquartered in St.